Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tamura Corporation ( (JP:6768) ) has provided an announcement.
Tamura Corporation has decided to sell its shares in Hefei Ecriee-Tamura Electric Co., Ltd., a joint venture with Cecb Microelectronics Technology Co., Ltd., as part of its strategic plan to enhance profitability and growth. This move is expected to result in an extraordinary loss of approximately 1.4 billion yen, which has already been accounted for in the company’s financial forecast, indicating no additional impact on its earnings outlook.
The most recent analyst rating on (JP:6768) stock is a Buy with a Yen570.00 price target. To see the full list of analyst forecasts on Tamura Corporation stock, see the JP:6768 Stock Forecast page.
More about Tamura Corporation
Tamura Corporation operates in the electronic components industry, focusing on the production and sale of transformers, reactors, and high-frequency inductors. The company is committed to strategic growth and structural improvement as part of its medium-term management plan.
YTD Price Performance: 1.47%
Average Trading Volume: 378,917
Technical Sentiment Signal: Hold
Current Market Cap: Yen42.22B
For detailed information about 6768 stock, go to TipRanks’ Stock Analysis page.